D and Z Media Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Warrant
DNZ.U
DNZ.U was delisted on the 24th of January, 2023.
40 hedge funds and large institutions have $75.4M invested in D and Z Media Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Warrant in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 31 closing their positions.
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
41% less funds holding
Funds holding: 68 → 40 (-28)
52% less capital invested
Capital invested by funds: $156M → $75.4M (-$81.1M)
90% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$1M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$987K |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$774K |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$652K |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$267K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$18.2M |
| 2 |
LA
Linden Advisors
New York
|
-$5.79M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$4.95M |
| 4 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$4.8M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$4.7M |
DNZ.U Hedge Fund Activity: Q2 2021 in Review
40 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in D and Z Media Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Warrant (DNZ.U) for Q2 2021, worth a combined $75.4M — down 52% from $156M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of DNZ.U and 3 opened new positions — a net loss of 28 holders — while 11 trimmed existing stakes and 8 added.
The largest buyer was Shaolin Capital Management, adding an estimated $1M. The largest seller was Aristeia Capital, exiting entirely with an estimated $18.2M sold.
- 40 institutional investors held D and Z Media Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Warrant (DNZ.U) as of Q2 2021, down from 68 in Q1 2021.
- Funds reported $75.4M of D and Z Media Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Warrant stock for Q2 2021, down 52% quarter-over-quarter.
- 3 funds opened new D and Z Media Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Warrant positions in Q2 2021 and 31 closed out, a net change of -28 holders.
- The largest D and Z Media Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Warrant buyer in Q2 2021 was Shaolin Capital Management, an estimated $1M added.
- The largest D and Z Media Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Warrant seller in Q2 2021 was Aristeia Capital, an estimated $18.2M sold.
Based on aggregated 13F filings for Q2 2021.